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ACS Wins Technological Achievement Award in 2014 Hong Kong Awards for Industries

HKAI_Award_Winner_logoHONG KONG, 19 December, 2014 - Advanced Card Systems Ltd. (ACS, a wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers (Source: Frost & Sullivan), was recognized in the 2014 Hong Kong Awards for Industries (HKAI). ACS received the Technological Achievement Award for its contactless smart card reader module technology on 18 December at the Hong Kong Convention and Exhibition Center.

HKAI’sTechnological Achievement Award recognizes outstanding achievements of Hong Kong enterprises in pursuit of high-technology and high value-added activities. Entries are evaluated based on excellence, value of intellectual property, contribution to society, and market recognition.

The winning entry, contactless smart card reader module technology is the platform for many of ACS’s contactless smart card readers. It is developed based on 13.56 MHz Radio-frequency identification (RFID), ISO14443, and ISO18092 Near Field Communication (NFC) technology which enables communication between a host and a contactless card or NFC-enabled phone. It may be integrated with other technologies (e.g. biometric readers) for stronger authentication or incorporated into mobile card readers to enable even mobile devices without built-in NFC to facilitate contactless transactions.

HKAI“It has been a big year for ACS’s contactless smart card reader module,” says Gilbert Leung, ACS Senior Vice President for Sales and Marketing. “It has been recognized in and outside Hong Kong, and has served as an essential component of many of ACS’s solutions worldwide. The Technological Achievement Award has given us another thing to be thankful for, and has also compelled us to elevate our efforts even further.”

This year, the contactless smart card reader module also received a Certificate of Merit for Communications during the Asia Pacific Information and Communication Technology Alliance (APICTA) Awards, which recognizes outstanding ICT technologies all over Asia. Furthermore, devices and systems employing the contactless reader module also gained a number of awards internationally. For more information on ACS’s solutions developed using this technology, email [email protected] or visit www.acs.com.hk.

HKAI

Fanny Law, GBS, JP, Chairperson of HKSTP visited ACS's booth during the award ceremony

About ACS

Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers. ACS is the winner of the Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. In 2010 and 2014, ACS was listed in Forbes Asia's “Best Under a Billion" list, an inter-industry list comprised of 200 top-performing publicly listed companies in the Asia-Pacific, with sales between US$5 million and US$1 billion. ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk/

About HKAI

Hong Kong Awards for Industries is an annual awards program, launched in 2005 to recognize outstanding achievements of Hong Kong enterprises in pursuit of high-technology and high value-added activities. It also recognizes various other aspects of performance for Hong Kong enterprises, and boosts competitiveness. The HKAI has six categories: Consumer Product Design, Equipment and Machinery Design, Customer Service, Innovation and Creativity, Productivity and Quality, and Technological Achievement. For more information on HKAI, visit www.hkindustryaward.org.